VA Home Loans: Helping Heroes Find a Home

Dated: November 11 2020

Views: 75

VA Home Loans: Important Housing Benefits for Veterans | Simplifying The Market

VA Home Loans: Helping Heroes Find a Home

Today, on Veterans Day, we honor those who have served our country and thank them for their continued dedication to our nation. In the United States, there are many valuable benefits available to Veterans, including VA home loans. For over 75 years, VA home loans have provided millions of Veterans and their families the opportunity to purchase their own homes.

As we consider the full impact of VA home loans, it’s important to both understand these great options for Veterans and to share them with those we know who may be able to benefit most. For a variety of different reasons, many Veterans don’t use their VA home loan options, so being knowledgeable about what’s available and how they work may be a game-changer for many.

Facts about 2019 VA Home Loans (most current data):

  • 624,546 home loans were guaranteed by the Veterans Administration.
  • 306,879 VA home loans were made without a down payment.
  • 2,055 grants totaling $118 million were provided to help seriously disabled Veterans purchase, modify, or construct a home to meet their needs.

VA Home Loans Often Offer:

  • No down payment options as long as the sales price isn’t higher than the home’s appraised value.
  • Better terms and interest rates than loans from other lenders.
  • Fewer closing costs, which may be paid by the seller.

Bottom Line

The best thing you can do today to celebrate Veterans Day is to share this information with those who can potentially benefit from these loan options. Let’s connect today to discuss your questions about VA home loan benefits. Thank you for your service.

Blog author image

Corey Blade

Corey is an experienced real estate broker who has extensive experience working with buyers, sellers, and investors. With exceptional follow up, listening, and negotiation skills, Corey holds himself ....

Latest Blog Posts

5 Tips for Homebuyers Who Want to Make a Competitive Offer

5 Tips for Homebuyers Who Want to Make a Competitive Offer Monday November 30th, 2020  First Time Home Buyers, For Buyers, Move-Up BuyersToday’s real estate market has

Read More

Your House May Be High on the Buyer Wish List This Holiday Season

Your House May Be High on the Buyer Wish List This Holiday Season Wednesday November 25th, 2020  For Sellers, New Construction, Selling MythsAround this time each year, many

Read More

Don't Let Buyer Competition Keep You from Purchasing a Home

Don’t Let Buyer Competition Keep You from Purchasing a Home Monday November 23rd, 2020  First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, 

Read More

It Pays to Sell with a Real Estate Agent (Infographic)

It Pays to Sell with a Real Estate Agent [INFOGRAPHIC] Friday November 20th, 2020  For Sellers, FSBOs, Infographics, PricingSome HighlightsToday, it’s more

Read More